With $11b warchest, Uber has only Didi Chuxing standing in the way of Asian dominance

With $11b warchest, Uber has only Didi Chuxing standing in the way of Asian dominance

A user scans for an available vehicle using the Uber app on an Apple Inc. iPhone 5 smartphone in this arranged photograph in London, U.K., on Friday, May 30, 2014. Photographer: Chris Ratcliffe/Bloomberg

With Saudi Arabia’s sovereign wealth fund putting in a massive $3.5 billion Uber Technologies Inc., the battle lines are drawn.

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